Low Brokerage and High Exposure

Check All Kinds of Top Stock Brokers

In this detailed review, we are going to highlight some of the stockbrokers that actually provide that offering (and there are a very few that actually do!).

Check out the Video Review for even quicker understanding!

Low Brokerage and High Exposure – Basics

In this chaos of stockbroking industry where every stockbroker is shouting out loud about its unique selling points, it obviously is difficult to figure out which stock broker works the best for you.

At the same time, people who are looking to get the best value for money would prefer low brokerage and high exposure for their trading or investment needs. This is a tough combination to offer for any stock broker – but at the same time, with the advent of discount broking space, the possibility of any offering is huge.

Here we have listed down 10 stockbrokers (both Full service and Discount) of India who offer low brokerage and high exposure or leverage values at low brokerage rates.

As we can see, 6 of the top 10 stockbrokers providing low brokerage and high exposure are discount brokers. This pretty much defines the current landscape of the stockbroking space and the future ahead. Discount brokers understand the vibe of the traders and are trying to solve one of their prominent expectations.

In order to stay structured, we are going to segregate the information into different financial segments for the stock brokers listed above.

The competition is at its peak for intraday trades. We can see that Wisdom capital is offering a leverage of as high as 40 times depending on the brokerage plan while few others range between 20 to 30 times. That is just huge!

Stock Broker

Brokerage

Leverage

Wisdom Capital

₹9 per executed order

Upto 40 times depending on the Brokerage plan

Trade Smart Online

₹15 per executed order or 0.07% (whichever is lower)

Upto 30 times

SAS Online

₹9 or 0.01% per executed order (whichever is lower)

Upto 20 times

Tradejini

₹20 or 0.01% per executed trade

Upto 20 times

Upstox

₹20 per order

Upto 20 times

Karvy Online

0.03%

Upto 20 times

5Paisa

₹10 per executed order

Upto 15 times

Aditya Birla Money

0.03%

Upto 15 times

Bonanza Online

0.005%

Upto 10 times

Nirmal Bang

0.02%

Upto 10 times

Equity Delivery

There is not much of a leverage provided by the stockbrokers in the delivery segment. Although most of the stockbrokers offer no leverage, there are still few exceptions still offering reasonable leverage.

Stock Broker

Brokerage

Leverage

Wisdom Capital

₹9 per executed order

Upto 40 times depending on the Brokerage plan

Trade Smart Online

₹15 per executed order or 0.07% (whichever is lower)

NA

SAS Online

₹9 or 0.1% per executed order (whichever is lower)

Upto 20 times

Tradejini

₹20 or 0.1% per executed trade

NA

Upstox

₹20 per order

NA

Karvy Online

0.30%

NA

5Paisa

₹10 per executed order

4 times

Aditya Birla Money

0.30%

5 times

Bonanza Online

0.10%

NA

Nirmal Bang

0.2%

4 times

Equity Futures

For Equity Futures segment, while SAS Online and Wisdom capital offer as good as 20 times the leverage while the rest range around 2 to 5 times of the capital as leverage.

Stock Broker

Brokerage

Leverage

Wisdom Capital

₹9 per executed order

Upto 20 times depending on the Brokerage plan

Trade Smart Online

₹15 per executed order or 0.07% (whichever is lower)

Upto 5 times

SAS Online

₹9 or 0.01% per executed order (whichever is lower)

Upto 20 times

Tradejini

₹20 or 0.01% per executed trade

Upto 2.5 times

Upstox

₹20 per order

Upto 4 times

Karvy Online

0.03%

Upto 4 times

5Paisa

₹10 per executed order

Upto 2 times

Aditya Birla Money

0.03%

Upto 3 times

Bonanza Online

0.005%

Upto 3 times

Nirmal Bang

0.02%

Upto 4 times

Equity Options

Wisdom capital goes as high as 40 times for Equity options. Aditya Birla Money, at the same time, provides no leverage in this segment.

Stock Broker

Brokerage

Leverage

Wisdom Capital

₹9 per executed order

Upto 40 times depending on the Brokerage plan

Trade Smart Online

₹15 per executed order or 0.07% (whichever is lower)

Upto 5 times

SAS Online

₹9 or 0.01% per executed order (whichever is lower)

Upto 20 times

Tradejini

₹20 or 0.01% per executed trade

Upto 2.5 times

Upstox

₹20 per order

Upto 4 times

Karvy Online

₹30 per lot

Upto 4 times

5Paisa

₹10 per executed order

Upto 2 times

Aditya Birla Money

₹50 per lot

NA

Bonanza Online

₹15 per lot

Upto 2 times

Nirmal Bang

₹35 per lot

Upto 4 times

Currency Futures

Nothing much to talk when it comes to Currency futures and option. Here are the leverages listed:

Stock Broker

Brokerage

Leverage

Wisdom Capital

₹9 per executed order

Upto 15 times depending on the Brokerage plan

Trade Smart Online

₹15 per executed order or 0.07% (whichever is lower)

Upto 3 times

SAS Online

₹9 or 0.01% per executed order (whichever is lower)

NA

Tradejini

₹20 or 0.01% per executed trade

NA

Upstox

₹20 per order

Upto 4 times

Karvy Online

0.03%

NA

5Paisa

₹10 per executed order

Upto 2 times

Aditya Birla Money

0.03%

NA

Bonanza Online

0.0025%

Upto 2 times

Nirmal Bang

0.02%

NA

Currency Options

This is what is offered when it comes to currency options trading segment:

Stock Broker

Brokerage

Leverage

Wisdom Capital

₹9 per executed order

Upto 15 times depending on the Brokerage plan

Trade Smart Online

₹15 per executed order or 0.07% (whichever is lower)

Upto 3 times

SAS Online

₹9 or 0.01% per executed order (whichever is lower)

NA

Tradejini

₹20 or 0.01% per executed trade

NA

Upstox

₹20 per order

Upto 4 times

Karvy Online

₹30 per order

NA

5Paisa

₹10 per executed order

Upto 2 times

Aditya Birla Money

₹20 per lot

Upto 3 times

Bonanza Online

₹5 per lot

Upto 2 times

Nirmal Bang

₹20 per lot

Upto 3 times

Commodity

Here are the leverages listed for Commodity segment. Out of this list, 5 paisa does not offer to trade in Commodity segment.

Based on your requirements and trading preferences, you can pick and choose whichever broker to go ahead with. At the same time, it is our duty to let you know that make sure you consider other crucial aspects related to stockbrokers such as Trading platforms, customer service, research accuracy and so on.

In case you need any further help in narrowing down the most suitable stock broker for you, feel free to leave your details below and we will get in touch with you to help* you get there.